Will You Support Or Have You Supported A Coin That Makes A Comeback - page 4.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

It depends! If I have a significant amount of holding of that coin which I couldn't sell off, I will probably support that coin to make a comeback after a thourough study! If I see that the developer of that coin is serious about his project and not gonna run away with public money, probably I will support them in their comeback initiative! Otherwise not!

ufaiz50

hero member

Activity: 1666

Merit: 502

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

I have never supported a coin that originally died doing comeback. I would rather throw a dead coin than have to support it, every month there is always a token that is born, so maybe this is the beginning to choose a new coin. People who always give support to the coin even though the coin is dead, are loyal users, rarely bending loyal users like you.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: Greatchu on October 24, 2019, 10:24:56 AM

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

Its rare to see coins that are once dead and come back better, many coins that was took over by new devs died over again, i think once a coin manage to die it should just stay dead, my experience with such coins are bad, in the end they get abandoned

I don't have any idea what kind of work can be done since the coin already died and with new dev team it will be a tough job to recreate the trust coming from those previous investors who got disappointed and leave the project. With OP's experienced, indeed it's a rare case that the project become profitable again, the question will be for how long it can take and survive with tough competitions inside the market.

Zeke_23

sr. member

Activity: 868

Merit: 333

Quote from: Samayuki on October 24, 2019, 11:32:38 AM

I will never trust any coin that was once a dead coin and bounce back to live because they will never do better even after taken over by new devs or team, the project must have been half backed from the start, many of them are unfinished ideas from devs that have nothing to offer than pump and dump coins

If ever that it shows potential, why not.
If this was adapted by another developer then there is a possibility that this may have a comeback. We can't probably tell by now, but if it happens that a certain coin which is already dead proves itself that it can comeback, then I think it is worth it.

Samayuki

member

Activity: 574

Merit: 24

I will never trust any coin that was once a dead coin and bounce back to live because they will never do better even after taken over by new devs or team, the project must have been half backed from the start, many of them are unfinished ideas from devs that have nothing to offer than pump and dump coins

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

I don't have experience such as that because most of dead coins which i have cannot recovering the price but if i facing this situations i think it's all about how to get profit from them so if they really potential to makes good comeback and deserve to buyback because seems showing good sign on the market then i will buy them but as far i know rare to see those kind of coins

Byakuga

member

Activity: 518

Merit: 28

Its one in a thousand coins that come back alive and bring profits for investors , i have mined many altcoins that got taken over by new developers after they are been abandoned but still they have nothing to offer, still useless and worthless

beerlover

legendary

Activity: 2996

Merit: 1188

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

I have supported one that "tried" to make a comeback. It didn't worked out as you can understand from the "" parts because we have tried everything we can come up with but the volume and interest was so low that eventually it got all delisted and so we decided not to follow up on it anymore, I mean at one point the owner was literally burning the funds he received in order to keep it listed and have a fake volume but it wasn't enough so we just gave up.

Now it is listed on couple of horrible Chinese exchanges with almost zero volume but that really doesn't mean its on an "exchange" because nobody trades there so all you can do is go sell it for insanely cheaper than what it used to be and get out, I did exactly that. Just went there and sold all my coins to market price and made 20% of my money back and then gave up.

deathcode

copper member

Activity: 1428

Merit: 253

Eloncoin.org - Mars, here we come!

Quote from: Greatchu on October 24, 2019, 10:24:56 AM

Its rare to see coins that are once dead and come back better, many coins that was took over by new devs died over again, i think once a coin manage to die it should just stay dead, my experience with such coins are bad, in the end they get abandoned

come back doesn't always come from a dead coin. those who experience a decline and then back again at the best price we can call a comeback. indeed not much for now. but if you look in the past I've seen it. some coins that go down then go up again even have a better price than the price of their ICO. just look at the DENT token then you will find out how the progress of the growth of the token from stability and then down until many of their investors sell cheaply. but after 1 year of development, the DENT can fly to its peak.

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

Quote from: SamboNZ on October 24, 2019, 05:44:43 AM

Reddcoin when i was active it was trading at 8 satoshi and people were calling it a dead shitcoin because the value plummeted to 1 satoshi. Didnt knew that it would one of the profitable coins during the bullrun.

I've fooled around with staking rdd in the past, but it hasn't exactly held its value over time. Right now it's trading at around 12 satoshis, which isn't really a great performance. On the other hand it isn't quite dead. The only thing with that particular coin is that it didn't find the use it was intended to, which I *think* was as a tipping mechanism on reddit. Members of that forum can already do that with doge and it works fine.

Dead coins to me are ones trading for 1 satoshi and really aren't trading at all, meaning that there are no buy orders in sight. I've never bought any of those, because it's too risky and I don't have any strong feelings towards any of them. Nobody wants them, nobody's trading them, and there usually aren't any miners even mining them, so you couldn't send them to a wallet even if you wanted to.

Who would get behind any coin like that? I don't think those could be resurrected unless there were a bunch of people interested in doing it. One person wouldn't make much of a difference.

Greatchu

member

Activity: 490

Merit: 10

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

Its rare to see coins that are once dead and come back better, many coins that was took over by new devs died over again, i think once a coin manage to die it should just stay dead, my experience with such coins are bad, in the end they get abandoned

Fappanu

sr. member

Activity: 1111

Merit: 255

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

Xrtabyte was also supported by me. its market value is 0.00000001 or 1 satoshi and i bought 500,000 XBY for 0.005 BTC previously. But I don't make a lot of money here because I sell it for 150 sats to 200 sats right away.

Its highest price was 3000 satoshi which I regret so much because I could not imagine its price to go that way.

tenakha

hero member

Activity: 1470

Merit: 509

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

We all face situations like this. But, mostly we have been waiting for nothing.
The opposite has also happened. At the end of 2017, there was MNX, after it was listed the price had fallen to $1, but within three weeks it had reached $90. I made a very good profit through it. But now it is under $0.10. As far as I know, they have been so messed up this year because of fake news. I am lucky I got to take advantage of it on time.

smyslov

sr. member

Activity: 2030

Merit: 269

I don't support this take over team, we never know if these are the same people who wants to scam people for the second time, and right now there are no coin in the market that returned or has a take over team, because people are wiser now, you cannot fool them the second time, they will check the history why the coin has gone and tries to make a comeback.

DaMut

sr. member

Activity: 1274

Merit: 263

Quote from: robelneo on October 24, 2019, 06:00:46 AM

I have the feeling that they want to take over it, so they can dump their bags because they don't have to create from the scratch, it's already listed in the Coinmarketcap, a lot of articles about the coin/token are still alive and there are exchange that still not delisting the token, all they have to do it to make promising announcement about the new take over team and voila it will soon have a buy order and they can dump their bags.

That is exactly what I was thinking after seeing them dumping a lot of coins on the market, that is also the reason why I stopped believing in take over or revival project.
almost all of them took over the project because they want to dump their bags after collecting it for a period of time.
it is hard to see someone with good attention right now, mostly they are doing it for money and profit.

Free1bitco.in

hero member

Activity: 1624

Merit: 500

it is true that at this time I am still holding shitcoin in my wallet in the hope that there will be new developments for it so that this coin can have a price that is worth it. however, until now there has not been a coin like that. for some coins, I get good information for it like buybacks, new markets, and other application development. it's just that it doesn't have any development after that information. however you are very lucky to have a coin like that.

Baby Dragon

sr. member

Activity: 896

Merit: 272

OWNR - Store all crypto in one app.

Quote from: lobat999 on October 24, 2019, 05:59:19 AM

It depends on the situation as we have to consider many factors before we support an inactive project again.

First and foremost, we have to find out if the there is a need to continue the project along with its unique innovations and technologies not found in other projects.

Secondly, we have to ascertain the capability and integrity of the developers or the core team that will takeover the project and also find out if they are dead serious on that endeavor because if they are not committed enough, the project will most likely fail in the long run.

Lastly, we should find out if there are sufficient supporters backing up the idea of a takeover and further development of the coin because I believe that a project without community or supporters will also bound to fail.

I think these are the basic questions that we need to answer first before we decide to support such kinds of projects. Imho.

Point well made, if you think that there is a huge chance that you will be gaining a huge profit then go for it but before that you should do your own research so you won't regret anything if your decision does not turn out good. Well we don't have to underestimate it unless it was proven that it is not worth it unlike any other coin.

Red-Apple

hero member

Activity: 1470

Merit: 655

every single shitcoin that has ever been created had always had a cycle of pumps. there are certain shitcoins that are worth less than 100 satoshi that are being pumped every 10 months on average. there are shitcoins that are being pumped every 2 years, others every couple of months and so on.
so the answer to your question from everyone's perspective is yes there is always a shitcoin that has been pumped and made a "come back" although they have never been capable of reaching the ATH they reached during their single massive pump.

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: robelneo on October 24, 2019, 05:25:41 AM

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

It's more likely that if a deadcoin makes a comback, the bagholders will dust off their wallets and sell their coins and breathe a sigh of relief. The selling will of course kill the coin again.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

This is very tough decision.
It is like; selling your shitcoin at loss, and buying it again.
I really don't think so that this is effective especially a coin that has very small amount of market cap. There are very small percentage of chance to make comeback when the market cap is very small and when their project started to vanish out of nowhere.
I really don't think so that once a coin is already dead, it will resurrect, lol.

Topic: Will You Support Or Have You Supported A Coin That Makes A Comeback - page 4. (Read 523 times)